Did Apple Achieve Record Sales of $9 Billion in India for FY25?
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Synopsis
Apple has recorded exceptional growth in India, achieving nearly $9 billion in annual sales for FY25. With a retail expansion that includes new stores in Bengaluru and Pune, the tech giant is poised to become a significant player in the Indian market, outpacing its competition and shifting manufacturing strategies.
Key Takeaways
- Record sales of $9 billion in India for FY25.
- 13% increase in device sales from the previous year.
- New stores opened in Bengaluru and Pune.
- India ranks as Apple's fourth-largest market globally.
- One in five iPhones now manufactured in India.
New Delhi, Sep 6 (NationPress) The annual sales of Apple in India have soared to an unprecedented $9 billion in the fiscal year 2024-25, according to a recent report.
Sales of Apple devices in the nation experienced a remarkable 13% surge, rising from approximately $8 billion the previous year, reflecting a growing consumer appetite, as per Bloomberg.
The company’s flagship products, particularly iPhones, were the top sellers in India for FY25, alongside a notable increase in demand for MacBook computers. This strong performance positions the US-based tech giant advantageously as its global mobile device sales have stagnated.
This week, Apple inaugurated two new retail locations in Bengaluru and Pune as part of its ongoing retail expansion in India, signaling its intent to tap into this vital market. This move is critical as the company navigates fluctuating demand and heightened competition in China, its largest international market, where sales grew by just 4.4% in the June quarter following two years of downturns. By 2024, India ranked as Apple's fourth-largest market globally, behind the US, China, and Japan.
Additionally, India plays a pivotal role in Apple's manufacturing strategy, with one out of every five iPhones now produced in the country. Apple is scaling up production across five factories, including two recently launched plants, as reported by Bloomberg. This initiative aims to reduce reliance on China for manufacturing.
India has surpassed China to become the leading supplier of smartphones to the United States, driven by Apple's shift of operations to India. Over the past few years, Apple has significantly increased its production capabilities in India, dedicating most of its export capacity to meet the demands of the US market so far in 2025.
This week, Tim Cook, the CEO of Apple, officially announced the launch of two new retail outlets in Bengaluru's Hebbal and Pune's Koregaon Park. He expressed enthusiasm about continuing to offer the best of Apple to customers throughout India at these new locations.
On X this Thursday, Tim Cook stated: "Say hello to Apple Hebbal in Bengaluru and Apple Koregaon Park in Pune! We are excited to continue bringing the best of Apple to customers across India at these two new stores."
Point of View
It's evident that Apple's strategic moves in India reflect a robust response to the changing dynamics of global tech markets. With rising sales figures and a commitment to local manufacturing, Apple is solidifying its presence in a market that has vast potential. This growth narrative not only benefits Apple but also positions India as a pivotal player in the global tech ecosystem.
NationPress
06/09/2025
Frequently Asked Questions
What were Apple's sales figures in India for FY25?
Apple's sales in India reached a record nearly $9 billion in FY25, marking a significant increase from the previous year.
How much did sales increase by in FY25?
Sales increased by approximately 13%, up from around $8 billion in FY24.
Why is India important for Apple's manufacturing strategy?
India is crucial for Apple's manufacturing plans, with one in five iPhones now produced there, helping to reduce reliance on China.
What new retail stores did Apple open recently?
Apple opened two new retail outlets in Bengaluru's Hebbal and Pune's Koregaon Park.
How has Apple's market position changed in India?
India has become Apple's fourth-largest market globally, surpassing China in smartphone supply to the US.
